All posts in Cost

Strategic Cost Reduction for Supply Chain Success

Strategic Cost Reduction for Supply Chain Success – Reduce Spend, Risks & Cost The are many avenues to realizing cost reduction, including the traditional areas of price, delivery, quality, warranty, and payment terms. In this blog, we will explore many other avenues for cost reduction realization. We will examine the methodology and benefits of a big picture, strategic systems thinking…

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What Does Invoice Processing Cost?

How to Save Your Company Time and Money on Invoices You know about all the major costs of purchasing, but it’s the little costs that can add up to really eat away at your bottom line. Incremental, high-volume costs (such as invoice processing) may seem unchangeable; however, new technologies are changing the way this basic process is handled. Not only…

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Cost of a Purchase Order: The Great Mystery of Procurement

One of the most common questions in procurement – and the one that has never seemed to have a definitive answer is – “how much does it cost to process a purchase order?” I get asked this question so much that I have decided to dedicate this blog post to it. Don’t miss updates on Procurement & Supply Chain, Subscribe…

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